CHICAGO, September 13, 2011 - Four highly-experienced partners have joined the Chicago business law firm of Horwood Marcus & Berk Chartered (HMB), expanding the firm's service offerings in the areas of banking, finance, securities, restructuring and bankruptcy, as well as commercial litigation. The four most recently practiced in the Chicago office of a large Detroit-based law firm and prior to that the former banking and bankruptcy boutique, Schwartz Cooper.
The new partners are Robert Dunn Glick, Eric (Rick) S. Rein, Martin W. Salzman and Robert A. Smoller.
Speaking for the group of new HMB partners, Rick Rein said, "We're exhilarated to 'get back to our roots' and provide outstanding and comprehensive services within a firm focused on serving a middle-market client base. That's our heritage. Our areas of practice are synergistic with HMB's existing practices, on both the corporate and finance fronts."
HMB's President, Keith Berk, commented on the excellent "fit" of the four new partners within HMB's culture of being a trusted advisor to middle market business owners. "Beyond advising on the practical application of complex legal issues, our clients rely on us to access our network of business owners, financing sources and professional advisors. That's always been at the center of HMB's value added services, and our new partners, with their own vast network of relationships in banking and finance, will enhance and complement our network."
Adds HMB partner and executive committee member Jeff Hechtman, "Our new partners add tremendous depth to our already solid finance capabilities. With the addition of these highly experienced partners, HMB has become the preeminent middle market business firm in the city."
By way of background:
Robert (Bob) Dunn Glick is one of the best known and most highly regarded lawyers in the Chicago finance community. He primarily concentrates his practice in the corporate and lending areas. For example, he stepped in to assume the leadership of a troubled bank after its president was removed from his position by federal banking authorities. He also worked to find remedies for the troubled loans of several banks. Mr. Glick earned a B.S. degree from the University of Pennsylvania, an M.B.A. from Michigan State University and his J.D. from the University of Chicago.
Eric (Rick) S. Rein regularly advises secured creditors in workout and restructuring transactions, including forbearance agreements. He assists secured creditors in recovering pledged collateral through Uniform Commercial Code sales and commercial mortgage foreclosures, in prosecuting claims based on fraud, non-performing loans, intercreditor disputes and loan commitment litigation, and in defending creditors against whom claims have been asserted. He has extensive financial services litigation experience in state and federal venues at the trial and appellate levels. Mr. Rein also concentrates his practice in multijurisdictional litigation, specifically the recovery of foreign claims and assets. Mr. Rein earned his B.A. from Washington University, and his J.D. from the University of Miami.
Martin (Marty) W. Salzman concentrates his practice in the banking field, including lending, restructuring and commercial litigation. He has extensive experience in drafting loan agreements involving asset- and non-asset based, different types of collateral, both real estate and non-real estate, leveraged and syndicated transactions. Mr. Salzman has litigated a variety of matters for financial institutions including foreclosures, lender liability suits, suits on guaranties, and other collection matters. He has also worked on numerous bankruptcy and non-bankruptcy workouts, as well as foreclosure of assets under the UCC. Mr. Salzman earned both B.A. and B.S. degrees from the University of Illinois at Urbana-Champaign, and his J.D. from Georgetown University Law Center.
Robert (Bob) A. Smoller practices in the areas of securities, bank regulatory, lending and corporate law. He is also involved in private offerings of securities. He represents banks in their dealings with regulators such as the FDIC and Federal Reserve Board. Mr. Smoller advises corporations and other entities, including medical partnerships, in organizational structuring, mergers and acquisitions, financings and investor matters and operational issues. He combines his securities and banking practices to represent banks in loans secured by restricted stock and other securities. Mr. Smoller, a C.P.A., earned his B.S. from the University of Illinois at Urbana-Champaign, and his J.D. from Northwestern University School of Law.
Horwood Marcus & Berk combines the resources and diversity of a large commercial law practice with the entrepreneurial atmosphere and creativity of a boutique law firm. The firm provides world-class resources to clients by drawing on its demonstrated capabilities and relationships to build a tailored team of professionals with proven expertise. The unique combination of HMB's unyielding commitment to service excellence and flexible team-building approach enables the firm to consistently deliver outstanding results for its clients. For further information, please visit: www.hmblaw.com.
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Note to editors: Photos available upon request.
Horwood Marcus & Berk